Government Expenditure and Economic Growth: Panel Evidence from Asian Countries

被引：0

作者：

Safdari, Mahdi ^{[2
]}

Mahmoodi, Majid ^{[1
]}

Mahmoodi, Elahe ^{[1
]}

机构：

[1] Islamic Azad Univ, Zahedan Branch, Zahedan, Iran

[2] Univ Qom, Fac Econ, Qom, Iran

来源：

LIFE SCIENCE JOURNAL-ACTA ZHENGZHOU UNIVERSITY OVERSEAS EDITION | 2012年 / 9卷 / 02期

关键词：

Government Expenditure; Economic Growth; Panel-VECM; UNIT-ROOT TESTS; AUTOREGRESSIVE TIME-SERIES; COINTEGRATION;

D O I：

暂无

中图分类号：

Q [生物科学];

学科分类号：

07 ; 0710 ; 09 ;

摘要：

This paper attempted to examine the causality relationship between government expenditure and economic growth for two panels of 27 Asian countries over the 1970 to 2009 years. A Panel-VECM causality framework based on Wald's test employed to investigate short-run and long-run causality between government expenditure and economic growth and indicates bidirectional causality for Asian developing panel, while the results of long-run causality for advanced and newly industrialized countries does not support causality in any direction. These findings have the policy implication for policymakers and economists. [Mahdi Safdari, Majid Mahmoodi, Elahe Mahmoodi. Government Expenditure and Economic Growth: Panel Evidence from Asian Countries. Life Sci J 2012; 9(2): 553-558]. (ISSN: 1097-8135). http://www.lifesciencesite.com. 83

引用

页码：553 / 558

页数：6

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